07
Jan
16:08
South Korea's SK Group investing $1.5 billion in Plug Power
New York-based Plug Power and the SK Group announce that they have formed a strategic partnership to accelerate hydrogen as an alternative energy source in Asia -- with the South Korean conglomerate investing $1.5 billion in Plug Power, Kallanish reports.
The SK Group will acquire about 51.4 million shares of Plug Power priced at $29.29/share and the two parties will form a joint venture in South Korea by 2022. That will give the SK Group a 9.9% stake in Plug Powe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous